CVEO Q2 2020 Earnings — Civeo Corporation Revenue & Financial Results | Market Cap Arena

CVEOCiveo Corporation

$367M

Q2 2020 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$115M-6.1% YoY

Gross Profit

$32M27.5% margin

Operating Income

-$2M-1.6% margin

Net Income

$7M5.8% margin

EPS (Diluted)

$0.37

QoQ Revenue Growth

-17.4%

Cash Flow

Operating Cash Flow

$24M

Free Cash Flow

$23M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$735M

Total Liabilities

$400M

Stockholders' Equity

$334M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$115M	$122M	-6.1%
Gross Profit	$32M	$37M	-14.5%
Operating Income	-$2M	-$12M	+84.7%
Net Income	$7M	-$15M	+144.5%

Revenue Segments

Service and Other

$110M96%

Mobile Facility Rental

$4M3%

Product

$831,0001%

Geographic Segments

Australia Segment

$57M50%

Canada Segment

$53M46%

U.S. Segment

$5M4%